https://techcrunch.com/2021/11/15/rocket-lab-acquires-planetary-systems-corporation-in-cash-and-stock-deal/

Rocket Lab is continuing its acquisition strategy, this time with a cash and stock deal with Planetary Systems Corporation.

The news was announced ahead of the company’s third quarter earnings. Rocket Lab said it would purchase the company for $42 million in cash, plus 1,720,841 in shares of common stock, with the potential for additional shares based on future performance.